Punjab & Haryana HC Stays Circular Issued By RERA, Punjab Extending Validity Of All Registered Real Estate Projects By Six Months [Read Order]

The Punjab and Haryana High Court on Tuesday stayed the operation of a "palpably wrong" circular issued by the Real Estate Regulatory Authority (RERA), Punjab, extending validity of all registered real estate projects by six months, due to the Covid crisis. The bench of Justice Rajan Gupta and Justice Karamjit Singh was "surprised" that the RERA had provided blanket extension to...